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BUSINESSBloomberg Markets·14h ago

Indian Drugmaker Taps Private Credit for Japanese Acquisition

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Indian pharmaceutical company Gujarat Themis Biosyn Ltd. secured private credit funding to acquire Japanese firm MicroBiopharm Japan Co., marking a trend of using private debt for Asian expansion.

Indian drugmaker Gujarat Themis Biosyn Ltd. has obtained private credit funding to back its purchase of Japanese peer MicroBiopharm Japan Co., highlighting the growing use of such debt for overseas expansion in Asia.

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